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Okaya Set to Clock Rs 1,150 Cr Revenue in FY 18-19

The company has achieved it’s turnover of Rs 720 crore in FY 17-18 and further aims to clock Rs 1,150 crore revenue in FY 18-19. One of the leading power back-up companies, Okaya Power, which recently announced its ambitious foray in Lithium ion batteries segment, has set an ambitious target to grab majority of market share in […]

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Maharashtra Saw Overwhelming Response to 1000 MW Auction

Mahoba Solar got 200 MW at Rs 2.71 per unit while as Technique Solar got 20 MW at the same price. Similarly, others who participated in the auctions were ReNew Solar Power which got 250 MW; Acme Solar Holdings won 250 MW, Tata Power Renewable Energy that got 150 MW, and Shapoorji Pallonji Infrastructure Capital that won 80 […]

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Andhra Pradesh to Give Farmers Power to Sell Power

The project will be launched on a pilot basis in Visakhapatnam, Vizianagaran and Srikakulam district. The first 75,000 solar pump sets worth Rs 3.5 lakh each will be provided to farmers in these districts. On an estimate the pilot project will cost around Rs 2,625 Crore. Andhra Pradesh government is planning to initiate a scheme […]

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Chandigarh Can’t go Green by 31st December

The deadline and desirability of making city 100% renewable energy powered was set by Ministry of New and Renewable Energy (MNRE). However, as said by the electricity department of Chandigarh, the target cannot be achieved in such time frame; rather it can only be achieved in the long term. As the deadline for becoming 100% […]

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ISA Logo Transferred to Its Secretariat in Gurgaon

Under the EU technical assistant project the logo was designed for Ministry of New and Renewable Energy (MNRE). The developer and the designer of the logo are Andrzej Uwitniewski and Marek Zaborowski. The rights of an International Solar Alliance (ISA) logo have been transferred by the European Union (EU) to ISA Secretariat situated in Gurgaon. […]

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Heraeus Photovoltaics Expands Expertise Beyond Paste- To Unveil New Products at SNEC

The introduction of new cell technology will be presented at 2018 SNEC International Photovoltaic Power Generation and Smart Energy Exhibition & Conference (Booth W3-510).   In order to expand its portfolio and add new products in the industry Heraeus Photovoltaics, a leading technology solution provider for the renewable energy industry, is set to unveil a […]

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e-buses Set to Ply on Kolkata Roads Next Month

The symbols of the future mobility would not require any conductors for fare collection as the state has introduced the automatic fare collection system. To implement the symbols of future mobility West Bengal Transport Corporation (WBTC) has decided to run 80 e-buses for trial purpose. The purpose is to curtail noise and air pollution levels […]

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India Relegates in Global Renewable Market Index, Ranks at Spot 4

A report by UK accountancy firm, Ernst & Young (EY) has attributed the relegation in India’s ranking to the latest auctions in which the wind and solar tariffs were kept low. Indian has slipped two ranks in renewable energy country attractive index making it rank 4th in the list preceded by China, US and Germany. […]

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Tata Power Posts Q4 Net at Rs 1,478 cr on Impairment Reversal for Mundra

“The consolidated net loss of the company stood at Rs 226.93 crore during the same period a year ago,” said Tata Power Company in a statement. India-based power generator and distributor Tata Power Company reported a robust consolidated net profit after tax at Rs 1,477.50 crore in January-March quarter of 2018, on the back of […]

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